Managers usually takes a percentage of the artist's income. This typically ranges between 10 to 20% and is usually 15% for indie artists in my experience.
1. Commission-Based Earnings: The primary way artist managers earn their income is through a commission on the artist's earnings.
5 Must-Have Clauses in Artist Management Contracts Commission Rates. Term Length in Management Agreements. Decision-Making Authority. Sunset Clause (place after Term) ... Exclusivity.
Managers' commissions are typically between 15 to 20% of an artist's gross income. Whether it's 15% or 20% really depends on the level of the band and the bargaining power of each party. I've seen some net deals, but they are extremely rare. That being said, I always push for a net commission on merchandise.
They travel alongside the artist and the crew, overseeing all aspects of the tour. They are responsible for coordinating venues, transportation, accommodations, and other logistical details. This ensures that the artist and their team can focus on their performances without distractions or disruptions.
As a general rule, managers take a percentage of all income generated by the artist in exchange for their management services. Commission rates typically range from 15-25% of the artist's gross income from: Recording royalties: Sales, streaming and licensing of recorded music.
As modern concert touring involves complex financial, legal and technical arrangements, the booking agent or artist manager hire a tour manager to organize the logistics, personnel, communications and schedule. Concert tour managers are usually freelancers working on a tour-by-tour basis.
Common Sections in Artist Management Agreements ARTIST MANAGEMENT AGREEMENT. BACKGROUND. Services Of The Manager. Rights And Authority Of The Manager. Term. Compensation. Accounting. Expenses.